How much are you earning per annum?

Originally Posted by Unregistered

alot depends on:
land size, years of lease left and location of the bungalow
income - expenditure, job stability, years left till planned retirement
current home asset

my very generalized view is if it's a 3-5 mil bungalow, have minimally 2-3mil of available cash to be on the safe side for an early 40s couple.

the rest pay by installment from your day job or business income over the years.

purchasing a property should be worked out very detailedly on your own as everyone's situation is different.

Thanks. We are a younger couple with higher income but lower assets as our careers just began. Do people meet with a financial advisor to run the numbers and plan for the future?

Originally Posted by Unregistered

Thanks. We are a younger couple with higher income but lower assets as our careers just began. Do people meet with a financial advisor to run the numbers and plan for the future?

Really don’t sound like someone with the capacity of making 350k per annum

Many of your questions can be answered with some simple research

Originally Posted by Unregistered

Really don’t sound like someone with the capacity of making 350k per annum

Many of your questions can be answered with some simple research

Precisely. Nowadays so easy to make 350k pa? Pls intro me

Originally Posted by Unregistered

I'm not looking for bungalow in Orchard. I don't mind living near Siglap/Marine Parade or Kallang or Serangoon as long as walkable distance to MRT.

You really have no idea of property prices huh? A 2 bedder in Dakota (Kallangish) is already 1.7m which will wipe out most of your cash savings, not to mention you haven’t accounted for Reno, furniture and appliances.

Originally Posted by Unregistered

You really have no idea of property prices huh? A 2 bedder in Dakota (Kallangish) is already 1.7m which will wipe out most of your cash savings, not to mention you haven’t accounted for Reno, furniture and appliances.

And these are condos. Bungalows are probably out of your reach at this point. Try again in 4-5 years

Originally Posted by Unregistered

Precisely. Nowadays so easy to make 350k pa? Pls intro me

Join politics, only skill needed is to wave and smile and mumble something during election year.

Originally Posted by Unregistered

Really don’t sound like someone with the capacity of making 350k per annum

Many of your questions can be answered with some simple research

Enlighten me what's the capacity of an individual capable of making 350k/annum?

Originally Posted by Unregistered

Enlighten me what's the capacity of an individual capable of making 350k/annum?

Someone who doesn’t ask stupid questions

Originally Posted by Unregistered

Someone who doesn’t ask stupid questions

You sound like someone filled with pettiness and jealousy. I feel sorry for you.

Originally Posted by Unregistered

Enlighten me what's the capacity of an individual capable of making 350k/annum?

Assuming you're Singaporean citizen, you can take advantage of the numerous government policies enacted for your benefit such as CECA, and move to India to work in your current role for minimum 350k pa (Indian Rupees).